What level of affordable housing for QVR? and why
48% based off the Fenland Local Plan
What was the residual land value for the final scheme
£2.74 mil with affordable
£5.24 mil with no affordable
What advice did you give to the client on QVR
I advised them that for the initial 3 options, option 3 would be the most viable
I then advised the client that their final amended option would be viable with 48% affordable housing included
What advice did you give for chatteris?
I advised the client that both the affordable and private options would be unviable. I conducted a sensitivity analysis to show how if construction costs reduced by 10% and revenue by 10%, the scheme would become viable (£378,000
What could the clients next step be once this was deemed negative?
Apply to council to reduce s106 costs
What were the build costs for the niche units in Catterick?
Care home - by bed - £40,000 per bed (
